CA > Morro Bay > Embarcadero(750)
Morro Bay, CA 93442,485 Morro AVE
Morro Bay, CA 93442,485 Morro AVE
Morro Bay, CA 93442,485 Morro AVE
Morro Bay, CA 93442,485 Morro AVE
Morro Bay, CA 93442,485 Morro AVE
Morro Bay, CA 93442,485 Morro AVE
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 2,750,000
Est. payment | /mo

3 Beds

3 Baths

3,242 SqFt

Save Virtual Tour
$ 2,750,000
Est. payment | /mo
Save Virtual Tour

3 Beds

3 Baths

3,242 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,242 sqft

Price per Sqft $848

Subdivision Embarcadero(750)

MLS Listing ID SC25218818

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1930

Lot Size 0.542 Acres

Property Sub-Type Single Family Residence

Property Description

A Legacy Central California Coastal Property. Rare opportunity for investors, developers, or boutique builders to secure over half an acre (.54 acres / 23,632 sq. ft.) in the heart of Morro Bay with prime build-out potential. Two separate lots, next to a City Park plus the option of acquiring an adjacent abandoned city street, create room for an expanded development footprint.

The 1930s residence offers 3,242 sq. ft. across two units, each with separate electric and gas meters. The main home includes 2 bedrooms and 2 baths with sweeping views of the bay and Morro Rock, while the secondary unit enjoys south-facing vistas across the park and waterfront.

Known locally as The Red House, the property is crowned by the storied crow's nest, one of Morro Bay's most recognizable architectural features. Whether redeveloped or preserved as a private estate, this is a once-in-a-lifetime opportunity blending history, views, and exceptional potential on California's Central Coast.

Location

State CA

County San Luis Obispo

Area Mrby - Morro Bay

Rooms

Main Level Bedrooms 2

Interior

Interior Features Multiple Primary Suites

Heating Wall Furnace

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Laundry Inside

Exterior

Parking Features Carport, Garage, RV Access/Parking, See Remarks

Garage Spaces 2.0

Garage Description 2.0

Fence None

Pool None

Community Features Biking, Fishing, Marina

Waterfront Description Across the Road from Lake/Ocean

View Y/N Yes

View Back Bay

Roof Type Composition,Shingle

Total Parking Spaces 2

Private Pool No

Building

Lot Description Corner Lot

Dwelling Type House

Story 2

Entry Level Two,One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories Two, One

New Construction No

Schools

School District San Luis Coastal Unified

Others

Senior Community No

Tax ID 066171002

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Trust

Virtual Tour https://shotsofspots.com/485-Morro-Ave-1/idx

CRMLS – RECore
Listed by Christopher Bath Coast Realty 805-801-0268

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

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Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

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Ruby Raymond
Ruby Raymond

Owner | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.